Silver Soars on Weak Dollar and Dropping Treasury Yields

Bullions Updates

Silver settled sharply higher by 4.47% at Rs. 187,735, bolstered by a weaker dollar as early US midterm election results indicated gains for Democrats in both chambers of Congress, raising expectations of political gridlock and potentially limiting further fiscal expansion. Read More …

Silver Falls as Oil Rises on US Strike News

Bullions Latest News

Silver settled 2.22% lower at Rs. 179,698, as a rebound in oil prices following reports of a US strike on Iran’s Qeshm Island heightened concerns over renewed inflationary pressures and weighed on precious metals. Investors exhibited a cautious stance in Read More …

Silver Rises as Dollar Weakens and Oil Drops Post-Iranian and Qatari Talks

Bullions Updates

Silver concluded the trading session with a 2.59% increase, reaching Rs. 1,83,779 per kg. This uptick was bolstered by a weaker market sentiment and declining prices, influenced by diplomatic talks between Iranian and Qatari officials focused on resolving the ongoing Read More …

Silver Falls 2.51% to Rs 189,453 as Rate Hike Fears Mount

Bullions Updates

Silver concluded the trading session with a decline of 2.51%, settling at Rs. 189,453. This downturn can be attributed to ongoing inflation worries, robust economic growth in the United States, and anticipations surrounding a possible interest rate increase in the Read More …

Silver Dips as Traders Anticipate Fed Policy and Warsh’s Remarks

Bullions News

Silver settled down 1.22% at Rs 194,325, pressured by a stronger dollar, elevated Treasury yields, and expectations that interest rates may remain higher for longer as investors assessed the Federal Reserve’s policy outlook. The strengthened to 102.2, achieving a two-week Read More …

Silver Falls As Oil Rises Increase US Rate Expectations

Bullions Updates

Silver settled 1.94% lower at Rs. 195,719 as rising crude oil prices and stronger-than-expected US consumer and producer inflation reinforced expectations of prolonged elevated interest rates, exerting downward pressure on the precious metal. climbed to a more than five-month high Read More …

Silver Plummets to Lowest Since Early August Amidst Strong US Inflation

Bullions Updates

Silver settled sharply lower by 4.96% at Rs 208,338, influenced by stronger-than-expected US inflation data that heightened expectations of additional Federal Reserve rate hikes. In September, the year-on-year US CPI inflation increased to 3.7%, surpassing expectations of 3.6%. Additionally, monthly Read More …

Silver Dips as Investors Anticipate US Inflation Reports

Bullions Updates

Silver concluded the trading session with a decline of 1.27%, settling at Rs 222,877. This downturn was influenced by apprehensions regarding a more stringent US monetary policy, particularly in anticipation of critical consumer and producer price inflation data that may Read More …